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Microsoft MB-310 Exam has a duration of 180 minutes, and it consists of multiple-choice questions that test the candidate's knowledge of finance and accounting concepts, business processes, and the use of Dynamics 365 Finance. MB-310 Exam is available in several languages, and candidates can take it at any Pearson VUE testing center worldwide.

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Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q56-Q61):

NEW QUESTION # 56
A company uses the credit and collections features of Dynamics 365 Finance to track invoices and incoming payments from customers.
You need to configure the automatic collection task.
Which two options should you configure? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

Answer: A,C


NEW QUESTION # 57
A company that sells computer equipment uses Microsoft Dynamics 365 Finance. The company is creating bundles that include a computer and a three-year warranty.
The company configures revenue recognition.
You need to configure revenue types for the bundle components.
Which revenue type should you use? To answer, drag the appropriate revenue types to the correct components. Each revenue type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.

Answer:

Explanation:

Explanation:


NEW QUESTION # 58
You need to configure credit card processing for all three companies
Which option should you use? To answer, select the appropriate options m the answer area NOTE: Each correct selection is worth one point.

Answer:

Explanation:


NEW QUESTION # 59
A food manufacturer uses commodities such as beans, corn, and chili peppers as raw materials. The prices of the commodities fluctuate frequently. The manufacturer wants to use cost versions to simulate these fluctuations.
You need to set up cost versions and prices to accomplish the manufacturer's goal.
For which purpose should you use each costing type? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:

Explanation:


NEW QUESTION # 60
A company uses the basic budgeting functionality in Dynamics 365 Finance. You are creating the budget in the system for the upcoming fiscal year.
The company uses budget workflow approvals to process budget entries. The company plans to split a business unit named IT and Infrastructure into two business units: Business Applications and IT Infrastructure.
You need to create the budget for the two business units based on 1.5 Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Answer:

Explanation:

1 - On the Budget register entry form, select the budget...
2 - Add a new line to select IT and infrastructure with an Amount...
3 - In the Allocate to dimensions form, select the seperate Business Applications...
4 - Submit the Budget register entry to the approval workflow.


NEW QUESTION # 61
......

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